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NXP stock – Nuveen Select Tax-Free Income Portfolio sideways range & retest history

NYSE

On the weekly chart, NXP broke out below its sideways range between $16.31 and $18.89 (started 29 Nov 2020), its pullback failed, and NasdaqScan detected a retest of the low in the week of 2 Oct 2022, 672 days after the range began.

Since 2020, NasdaqScan has found 2 sideways ranges in NXP. The current range is 16% wide from low to high.

The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.

Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.

Sideways ranges

RangeStartedEndedHow it endedRetest signals (week of)
29 Nov 2020Open—2 Oct 2022 (Go ahead)
26 Jan 2020Open——

Retest signals detected

  • Week of 2 Oct 2022: retest of the low after a breakout below a sideways range, 672 days after the range began (Go ahead)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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